CSOP SK Hynix Daily (2x) Leveraged Product (07709) surged 6.29% during the intraday session, driven by a broad rally in Asian equity markets fueled by rising global AI computing demand and a rebound in memory chip prices.
Major chip heavyweights like SK Hynix and Samsung Electronics led the charge, with SK Hynix shares rising nearly 3% in South Korea. This strong performance significantly boosted market sentiment, reflecting optimism about the memory chip sector's recovery.
The leveraged product's gain mirrors the upward momentum in the underlying asset, as investors bet on continued growth in AI-related demand and memory chip pricing power.
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